Today on Wall Street, the Dow Jones Industrial Average climbed above 10,000 for the first time this year as &#8220;U.S. stocks approached their highest levels since Lehman Brothers Holdings Inc.&#8217;s bankruptcy sent the global economy into a tailspin.&#8221; In fact, the index is up 13 percent since the start of the year.

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Boehner said the stock market&#8217;s rebound is a reaction to the extreme shock from earlier this year, but it says little more than that.

&#8220;At the end of the day, the American people aren&#8217;t looking at the stock market in terms of putting food on the table,&#8221; Boehner said. &#8220;They want jobs, and they want them now.&#8221;

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In search of an attack line on the newly-inaugurated President Obama back in March, the GOP leader thought that the dismal numbers coming from Wall Street represented the public&#8217;s dissatisfaction with Obama&#8217;s policies:

&#8220;The president certainly remains popular, but his policies are becoming less and less popular,&#8221; Boehner said, citing the continuing slide in the financial markets. &#8220;Certainly the stock market hasn&#8217;t acted very well&#8221; since Obama&#8217;s inauguration.

As the markets continue to falter, Republicans are becoming more confident in their criticisms of the president &#8212; some have already taken to using the phrase &#8220;the Obama economy.&#8221;

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But Boehner has also used the markets to tout the leadership of the Republican Party. At a rally just before the GOP got its &#8220;thumpin&#8217;&#8221; in the 2006 mid-term elections, then Majority Leader Boehner argued that his party would best handle the economy reportedly by &#8220;point[ing] to a hot stock market.

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Mmm, so delicious. I could feast all night on the hypocrisy of John Boehner. So filling.

John Boehner is an assclown. He is about as partisan as a Republican can be. There are some good people in the Republican party, but he isn't one of them. Anyone who takes what he says seriously needs to re-evaluate their reason for being involved in politics. This isn't the first time he has spoken out from both sides of his ass. err...mouth.

Today on Wall Street, the Dow Jones Industrial Average climbed above 10,000 for the first time this year as U.S. stocks approached their highest levels since Lehman Brothers Holdings Inc.s bankruptcy sent the global economy into a tailspin. In fact, the index is up 13 percent since the start of the year.

Click to expand...

In search of an attack line on the newly-inaugurated President Obama back in March, the GOP leader thought that the dismal numbers coming from Wall Street represented the publics dissatisfaction with Obamas policies:

The president certainly remains popular, but his policies are becoming less and less popular, Boehner said, citing the continuing slide in the financial markets. Certainly the stock market hasnt acted very well since Obamas inauguration.

As the markets continue to falter, Republicans are becoming more confident in their criticisms of the president  some have already taken to using the phrase the Obama economy.

Click to expand...

But Boehner has also used the markets to tout the leadership of the Republican Party. At a rally just before the GOP got its thumpin in the 2006 mid-term elections, then Majority Leader Boehner argued that his party would best handle the economy reportedly by point[ing] to a hot stock market.

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Mmm, so delicious. I could feast all night on the hypocrisy of John Boehner. So filling.

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If Obama said those things I would be forced to agree...and I am by no means an Obama supporter.
What Boehner said is 100% accurate.
In 2006..and during anytime of prosperity, the market is an indicator of a surging economy
After a crash..or serious downturn....during a recession...an increase in the market is attributed to those wityh some equity taking advantage of good deals on stock and not at all an indicator of economic growth...

During a recession...you need to look at GDP and job gains to see if we are recovering.

Those that look at market swings are those that have no clue...no offense meant....aww...heck....offense meant.

During times of prosperity, I buy a stock that is priced at a fair value and I lookk at its R and D and hiring acitivity to determine where it may go.

During recessions, I buy a stock based on what it was before the recession as it is a good deal and I gamble that it will rebound when the recession is over.

What Boehner said was 100% accurate.

Hiring has not increased one iota...so exactly why is it good economic news that stock prices have risen? People are simply taking in good deals.

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Oh just STFU and admit that the GOP and Boenher himself INVESTED in the fact that they hoped Obama would fail. Now that the stock market is back about 10,000, they are scrambling to cover their asses....

Oh just STFU and admit that the GOP and Boenher himself INVESTED in the fact that they hoped Obama would fail. Now that the stock market is back about 10,000, they are scrambling to cover their asses....

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STFU and tell us about the job creation. Are you saying that next month we'll see a reduction in unemployment?

Oh just STFU and admit that the GOP and Boenher himself INVESTED in the fact that they hoped Obama would fail. Now that the stock market is back about 10,000, they are scrambling to cover their asses....

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STFU and tell us about the job creation. Are you saying that next month we'll see a reduction in unemployment?

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